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Home Q & A Board Other Fields Homework Help Business Accounting
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7 years ago
Bricks, Inc. provides architectural services.  The company provides the following financial data:

Service Revenue   $30,000
Salaries and Other Variable Costs   20,350
Rent Expense   4,500
Depreciation Expense   500

Requirements:
a) Calculate the contribution margin, contribution margin ratio, and operating income.
b) Bricks provided service to 150 customers during the month. Determine the average amount the company charged each customer.
Textbook 
Horngren's Financial & Managerial Accounting, The Financial Chapters

Horngren's Financial & Managerial Accounting, The Financial Chapters


Edition: 5th
Authors:
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#2
7 years ago
Makes perfect sense, thx
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